ZKsync makes move for enterprise-grade blockchain users with Atlas upgrade

ZKsync has launched the Atlas upgrade to help banks and enterprises move operations to the ￰0￱ is an upgrade to the ZK ￰1￱ offers faster transactions, sub-second proofs, and cross-chain interoperability. Moreover, it makes blockchain infrastructure fit for large-scale payments, tokenized assets, and institutional ￰2￱ pushes ZKsync toward 25k TPS The new upgrade brings a new high-performance sequencer capable of processing 25,000 to 30,000 transactions every ￰3￱ sequencer is fully compatible with Ethereum apps, and it integrates a new system named ￰4￱ focuses on validating and proving transactions in less than one ￰5￱ Labs, the entity behind ZKsync, explained that the Atlas update focuses on helping enterprises create blockchain systems that retain privacy while communicating with other chains and markets ￰6￱ update also powers blockchain systems built for tokenized assets, fast payments, and global payment settlement at ￰7￱ building on ZKsync can work with several types of virtual machines since Atlas supports this ￰8￱ to Matter Labs, this approach ensures banks and enterprises can deploy faster while preserving decentralization and ￰9￱ tests the sequencer live on X ZKsync went live on X today to test the sequencer load of the Atlas ￰10￱ stream, which lasted for over 4 hours, showcased a dashboard consisting of a real-time oracle of Apple’s stock AAPL price in US ￰11￱ also showed other metrics, including transaction per second (TPS), current gas price per second, and transaction inclusion ￰12￱ sequencer processed around 18,000 ￰13￱ also showed the number of maximum transactions to be processed, which fluctuates between 19,000 and 20,000.

The test basically showed the Atlas update handling tokenized stock using real-time price oracles, while processing transactions through the sequencer. A user on X asked if the sequencer is ￰14￱ wrote, “Is the sequencer centralized? is it a single one? or there are multiple with verifiability in between?” Anthony Rose, the CTO of Matter Labs, replied and explained that the test was conducted with a centralized sequencer, but the ZK Stack supports other ￰15￱ wrote, “The ZK Stack supports other setups, including having a POA / 2FA style ￰16￱ this you have two independent sequencers w/ different client implementations required to agree on the state transition (which of course also requires the ZK proof).” The CTO clarified that decentralizing the full sequencer will be a ZK Stack option as the systems reach full maturity.

ZKsync’s native token, ZK, has been performing ￰17￱ token is down by 4.3% in the past 24 hours, and it’s currently exchanging hands at $0.055. ZK has a market cap of $401 million with a trading volume of $1.16 ￰18￱ to CoinGecko, ZK has recorded an all-time high of $0.321 over a year ago; however, the token did not bounce back, even with the current market ￰19￱ you're reading this, you’re already ￰20￱ there with our newsletter .